Average Odds Calculator – How Does It Work?

Oddsmart Matched Betting Software Suite Forums Betting Calculators Average Odds Calculator – How Does It Work?

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  • #418
    Oddsmart Admin
    Keymaster

    Oddsmart’s Average Odds Calculator takes the guesswork out of managing multiple bets.

    Our Average Odds Calculator does this by instantly computing your true average price and, if you wish, the exact stakes needed to guarantee the same return on each selection. Ideal for qualifying bets, free-bet campaigns or any multi-bet strategy, it supports up to ten decimal-odds entries and handles all the maths for you.

    Why You’ll Love It

    Instant Accuracy: No more manual weighted-average errors.

    Bankroll Clarity: See your Total Stake and true Average Odds at a glance.

    Equal-Return Stakes: Automatically splits your outlay so each winning bet returns the same amount.

    Full Transparency: All formulas are visible and auditable—no hidden macros.

    How It Works

    Enter Your Odds & Stakes: Fill in each selection’s decimal odds and your intended stake.

    View Totals: The tool totals your stakes and calculates your weighted-average odds.

    Generate Equal-Return Stakes (Optional): Click “Equal Return” to see the common payout and receive recommended stakes proportioned to 1 ÷ odds.

    Practical Example
    Four £5 bets at odds 3.00, 4.50, 2.20 and 6.00 give:

    Total Stake: £20

    Average Odds: 3.93

    Equal Return: £7.89

    Recommended Stakes: £2.63, £1.75, £3.59, £1.32

    By matching each stake to its odds, every winning bet returns £7.89, meeting qualifying requirements without overspend. Streamline your matched-betting, eliminate errors and maximise promotional value with Oddsmart’s Average Odds Calculator.

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